Simon Place, Kovan, North-east Region, Singapore
$6,900,000
Exclusive 2-Storey Corner Terrace Huge Land Size 3930 sqft Freehold 11mins to Kovan MRT (Google Map) Can park up to 3 cars for current layout Parking available outside front gate Automated Gate installed Immediate Availability Quiet Street Original Condition, Suitable for Rebuild or Major Renovation Empty Canvas for Designing your Dream House Possible for Side/Back Lap Pool Close Proximity to Heartland Mall, Cold Storage, Hawker Centre, NTUC FairPrice, Eateries, McDonald's and many more! Schools within 1km: Xinghua Primary School Xinmin Primary School Schools between 1km and 2km: CHIJ Our Lady of the Nativity Holy Innocents' Primary School Hougang Primary School Montfort Junior School Paya Lebar Methodist Girls' School (Primary) Punggol Primary School Rosyth School Yio Chu Kang Primary School Zhonghua Primary School Call Albert 9615-5737 & Jillien 9106-7663 now for viewing! We will try our best to fit your preferred viewing time.
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Total Transactions
4
Average Price
S3.4M
Total Value
S13.5M
Calculating fair value from URA transaction data…


License: L3008022J
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Automated Valuation based on 232 HDB resale transactions (data.gov.sg)
Fair Value
S$1.90M
S$729 psf
Asking Price
S$6.90M
S$1,756 psf
vs Market
+263.9%
vs Last Done
+165.3%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
232 comps
Nearest MRT
Kovan
388m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
232 comparable transactions
S$661
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$729
Recent Comparable Transactions
10 shown · 232 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▼S$662 -9.2% vs FV | 99yr from 1989 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▼S$662 -9.2% vs FV | 99yr from 1989 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▼S$662 -9.2% vs FV | 99yr from 1989 |
Dec 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,180,000 | ▲S$751 +3.0% vs FV | 99yr from 1989 |
Dec 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,180,000 | ▲S$751 +3.0% vs FV | 99yr from 1989 |
May 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,604sqft | S$1,200,000 | ▲S$748 +2.6% vs FV | 99yr from 1989 |
May 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,604sqft | S$1,200,000 | ▲S$748 +2.6% vs FV | 99yr from 1989 |
Apr 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,190,000 | ▲S$757 +3.8% vs FV | 99yr from 1989 |
Apr 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,190,000 | ▲S$757 +3.8% vs FV | 99yr from 1989 |
Mar 2025 | Blk 418 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,099,000 | ▼S$699 -4.1% vs FV | 99yr from 1989 |
Mar 2025 | Blk 418 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,099,000 | ▼S$699 -4.1% vs FV | 99yr from 1989 |
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-9.2% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-9.2% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-9.2% vs FV
Blk 424 SERANGOON CTRL
Dec 2025 · Floor 07 TO 09
+3.0% vs FV
Blk 424 SERANGOON CTRL
Dec 2025 · Floor 07 TO 09
+3.0% vs FV
Blk 424 SERANGOON CTRL
May 2025 · Floor 07 TO 09
+2.6% vs FV
Blk 424 SERANGOON CTRL
May 2025 · Floor 07 TO 09
+2.6% vs FV
Blk 424 SERANGOON CTRL
Apr 2025 · Floor 07 TO 09
+3.8% vs FV
Blk 424 SERANGOON CTRL
Apr 2025 · Floor 07 TO 09
+3.8% vs FV
Blk 418 SERANGOON CTRL
Mar 2025 · Floor 01 TO 03
-4.1% vs FV
Blk 418 SERANGOON CTRL
Mar 2025 · Floor 01 TO 03
-4.1% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive property located in Serangoon, with a remaining lease of 75 years, stands at an estimated value of $1,895,980, translating to a remarkable $729 PSF. This valuation denotes a substantial premium in the current market, reflecting a 263.9% difference from the baseline valuation, which positions this property significantly above its comparable market peers. Such a premium can be attributed to several key factors, including the strategic location within the Serangoon district, which is well-regarded for its accessibility and community amenities.
The model confidence for this valuation is marked as high, supporting the robustness of the analysis derived from a comprehensive review of 232 recent HDB resale transactions in the vicinity. This extensive dataset not only reinforces the valuation but also highlights current market dynamics where demand continues to outstrip supply, particularly for larger HDB units such as Executive flats. As buyers increasingly prioritize spacious living arrangements in desirable neighborhoods, properties like this in Serangoon are poised to maintain their value trajectory, further solidifying their appeal in a competitive market environment.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.